-0.58(-0.94%)

-6.60(-0.50%)

-0.19(-1.13%)

-0.00(-0.02%)

Eastman Chemical Company Wins Gold in Best in Biz Awards 2013

Kingsport, Tenn., November 21, 2013 - Eastman Chemical Company (EMN) has been named a gold winner in the "Most Socially / Environmentally Responsible Company of the Year" category in the third annual Best in Biz Awards, the only business awards program judged by members of the press and industry analysts.

Eastman was recognized for its implementation of a series of employee sustainability and advocacy programs to integrate sustainability "from the inside out," as well as operational highlights including an overall energy intensity reduction of 2.5 percent in 2012 compared to 2011(equal to GHG emissions from 28,000 cars,) and being on track to meet its pledge to have two-thirds of its revenues come from sustainably-advantaged products by 2015.

Achievements cited included being the only chemical company to receive ENERGY STAR® Partner of the Year for the second consecutive year and being named 2013 Responsible Care® Company of the Year in the large company category. Eastman joined and is an active participant in the World Business Council for Sustainable Development (WBCSD), a global organization of companies committed to sustainable development and promoting the role of eco-efficiency, innovation and corporate social responsibility. In addition, Eastman released its Global Reporting Initiative in 2012 and a Sustainability Progress Report in 2013.

"We are honored to be a Gold level winner in the Most Socially / Environmentally Responsible Company of the Year category in the Best in Biz Awards," said Godefroy Motte, Eastman`s Chief Sustainability Officer. "As a specialty chemical company, Eastman is focused on both responding to and creating demand for sustainable solutions that satisfy the needs of a changing world. This recognition is a tribute to Eastman men and women around the world who continue to make sustainability part of our culture."

This year`s Best in Biz Awards program, focusing on companies based or operating in North America, received more than 500 entries from a wide array of public and private companies of all sizes and from a variety of industries and geographic regions in the U.S. and Canada.

"The winning entries this year show a high degree of innovation combined with a keen focus on business and consumer services," said Jack M. Germain, ECT News Network, who returned to the Best in Biz Awards judging panel for the third time. "Often products seek a novel way to repurpose an already successful idea. This year`s competition proves that products which bring new approaches to solving vendor and consumer needs can build a better business environment. This certainly raises the bar for next year`s contestants."

Best in Biz Awards 2013 honors were presented in more than 50 categories, including Company of the Year, Fastest-Growing Company of the Year, Most Innovative Company of the Year, Best Place to Work, Technology Department of the Year, Executive of the Year, Most Innovative Product of the Year, Best New Product of the Year, PR Campaign of the Year and Website of the Year.

About Best in Biz AwardsBest in Biz Awards recognizes top companies, teams, executives and products for their business success as judged by established members of the press and industry analysts. Best in Biz Awards honors are conferred in three separate programs annually: North America, EMEA, and International. Entries are currently being accepted in the third annual Best in Biz Awards 2013 EMEA (Europe, Middle East and Africa) program, until the final entry deadline on January 24, 2014. Any organization from any industry operating in EMEA may enter any of the more than 50 company, department or team, executive and product categories. For more information about the entry process and categories in the EMEA program, please visit: http://emea.bestinbizawards.com.

About EastmanEastman is a global specialty chemicals company that produces a broad range of products found in items people use every day. With a portfolio of specialty businesses, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. Its market-driven approaches take advantage of world-class technology platforms and leading positions in attractive end-markets such as transportation, building and construction, and consumables. Eastman focuses on creating consistent, superior value for all stakeholders. As a globally diverse company, Eastman serves customers in approximately 100 countries and had 2012 pro forma combined revenues, giving effect to the Solutia acquisition, of approximately $9.1 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,000 people around the world. For more information, visit www.eastman.com.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:(i) the releases contained herein are protected by copyright and other applicable laws; and(ii) they are solely responsible for the content, accuracy and originality of theinformation contained therein.